-Livemint.com * NSSO and CSO are to be merged into what will be known as NSO * The order puts the merged entity under Mospi secretary The ministry of statistics and programme implementation (MoSPI) passed an order on 23 May to merge the Central Statistics Office (CSO) and National Sample Survey Office (NSSO) into the National Statistical Office (NSO). Mint analyses what led to the decision. * When was a revamp of the statistical...
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Government's key agenda must be to accelerate growth -C Rangarajan
-The Hindu Only a fast-growing economy can generate surpluses needed to create jobs and sustain social safety nets Now that the general election is over, the time has come to pay serious attention to the economy. The national income numbers continue to be controversial. No serious policy decision can be taken with ambiguous numbers. Nevertheless, even with the new official numbers it is clear that growth is slowing down. As in the...
More »SBI sold electoral bonds worth Rs 3,622 crore in March and April: RTI
-PTI NEW DELHI: The State Bank of India has sold electoral bonds worth over Rs 3,622 crore in March and April this year, an RTI response has said. In a response provided to Pune-based Vihar Durve, the SBI said electoral bonds of Rs 1,365.69 crore were sold in March, which shot up by 65.21 per cent in April to Rs 2,256.37 crore. In April, most electoral bonds were sold in Mumbai at Rs...
More »Are farm loan waivers a political gimmick? -Vikas Dhoot
-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...
More »An employment-oriented economic policy -Pulapre Balakrishnan
-The Hindu In the heated debate on jobs, the crucial link between macroeconomic policy and unemployment has not been flagged Innumerable tasks with respect to the economy await the winner of the parliamentary elections now under way, but two may be mentioned and they are connected. The first is to review the conduct of macroeconomic policy. Though it must come across as arcane, this is an element of public policy that makes...
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